Taxation: state real estate transfer; state real estate transfer tax; repeal. Repeals 1993 PA 330 (MCL 207.521 - 207.537).
Key claim: House Bill 5874 would repeal Michigan’s state real estate transfer tax (1993 PA 330).
Abstract
(HB5874 · 103rd Legislature) Taxation: state real estate transfer; state real estate transfer tax; repeal. Repeals 1993 PA 330 (MCL 207.521 - 207.537). Sponsor: Rep. Rylee Linting ® + 16 co-sponsors In committee: S Government Operations Latest vote: House Third Reading: Given Immediate Effect Roll Call #160 — 57-46 (passed, 2026-05-20) Latest action (2026-06-02): Referred To Committee On Government Operations
Why this matters
Michigan’s state real estate transfer tax (0.75% under 1993 PA 330) is paid by sellers at closing and generates revenue that flows to the School Aid Fund and general fund. Repealing it would lower transaction costs for property sellers but reduce a significant state revenue stream, shifting fiscal pressure onto other taxes or program budgets.